- Possible Medicaid Cuts in Texas Threaten Healthcare Quality for Senior Texans, Says Texas Association of Homes and Services for the Aging
PRNewswire (January 31, 2003
)
AUSTIN, Texas, Jan. 31 /PRNewswire/ -- The following was issued by the Texas Association of Homes and Services for the Aging:
- Summit Properties Announces Fourth Quarter Results; Investor/Analyst Conference Call Scheduled for Later Today
PRNewswire (January 31, 2003
)
CHARLOTTE, N.C., Jan. 31 /PRNewswire-FirstCall/ -- Summit Properties Inc. reported net income for the quarter ended December 31, 2002 of $48,703,000, or $1.76 per share, compared to $22,178,000, or $0.81 per share, for the fourth quarter of 2001. Funds from Operations ("FFO") for the quarter ended December 31, 2002 were $13,650,000, or $0.44 per share, compared to $14,398,000, or $0.4
- Two Designs Emerge As WTC Site Favorites
AP (January 30, 2003)
NEW YORK (AP) - Two proposals to replace the World Trade Center with skyscrapers even bigger than the ones destroyed on Sept. 11 have emerged as leading contenders in the ground zero design competition.
- Windrose Medical Properties Trust Updates Investor Events Calendar
PRNewswire (January 30, 2003
)
INDIANAPOLIS, Jan. 30 /PRNewswire-FirstCall/ -- Windrose Medical Properties Trust , a self-managed healthcare REIT focused on specialty medical properties, announced today that the Company will release its fourth quarter financial results before market Eastern Time, on Wednesday, February 19, 2003. In addition, Windrose is scheduled to present at the UBS Warburg Global Healthcare Services Confer
- Enron Shopping for Smaller Offices
AP (January 30, 2003)
HOUSTON (AP) - Enron Corp. is looking for smaller quarters as the company considers whether to liquidate or try to emerge from bankruptcy.
- Healthcare Realty Trust Announces Fourth Quarter Results
PRNewswire (January 30, 2003
)
NASHVILLE, Tenn., Jan. 30 /PRNewswire-FirstCall/ -- Healthcare Realty Trust Incorporated today announced results for the fourth quarter that ended December 31, 2002. Revenues for the fourth quarter totaled $46.7 million, compared with the prior year's $49.0 million. Net income for the period, after recording a fourth quarter charge which was substantially non-cash, was $7.5 million, or $0.18 p
- Jameson Inns, Inc. Announces Fourth Quarter and Year End Earnings Release and Conference Call
PRNewswire (January 30, 2003
)
ATLANTA, Jan. 30 /PRNewswire-FirstCall/ -- Jameson Inns, Inc. will release fourth quarter earnings on Wednesday, February 12, 2003, prior to the opening of the market. A 10:00 a.m. EST conference call will be hosted by Tom Kitchin, CEO. Investors and other interested parties may listen to the conference call on the internet at www.jamesoninns.com or by telephone at 1-973-935-2100.
- Equity International Announces Investment in Desarrolladora Homex
PRNewswire (January 29, 2003
)
CHICAGO, Jan. 29 /PRNewswire/ -- Equity International Properties Ltd. (EIP) has made a US$ 32 million investment in Desarrolladora Homex S.A. de C.V. (Homex), a nationally recognized and fully-integrated housing company headquartered in Culiacan, Mexico. The company develops, constructs, and sells affordable single family homes, primarily for first time buyers. Homex's strategy is to focus opera
- Home Mortgage Demand Rose on Low Rates
Reuters (January 29, 2003
)
NEW YORK (Reuters) - The number of Americans applying for home mortgages rose last week as rates remained stubbornly low, an industry survey found, encouraging home owners to take advantage of a drop in borrowing costs.
- Claim Sept. 11 Was 'Vandalism' Rejected
AP (January 29, 2003)
NEW YORK (AP) - A federal judge Wednesday rejected an insurance company's effort to classify the Sept. 11 attack that toppled the World Trade Center's twin towers as vandalism so it could be considered one incident, rather than two.
- Volunteers of America Opens Senior Apts., Breaks Ground for Assisted Living Facility
PRNewswire (January 29, 2003
)
MONTROSE, Colo., Jan. 29 /PRNewswire/ -- Volunteers of America today conducted ceremonies officially opening the Meadowlark Court senior apartment community and broke ground for an assisted living facility nearby.
- Lexington Corporate Properties Trust Announces Fourth Quarter and Twelve Month Results
PRNewswire (January 29, 2003
)
NEW YORK, Jan. 29 /PRNewswire-FirstCall/ -- Lexington Corporate Properties Trust , a real estate investment trust, today announced results for its fourth quarter and twelve months ended December 31, 2002.
- FBR Asset Investment Corporation Reports Earnings per Share of $1.30 for the Fourth Quarter of 2002
PRNewswire (January 29, 2003
)
ARLINGTON, Va., Jan. 29 /PRNewswire-FirstCall/ -- FBR Asset Investment Corporation today announced record earnings for 2002. Net income was $117.1 million or $5.72 per fully diluted share for the year ended December 31, 2002 compared to $23.1 million or $4.17 per fully diluted share for the year ended December 31, 2001. For the quarter ended December 31, 2002, net income was $32.9 million or $
- Grubb & Ellis Honored for Excellence in Corporate Real Estate Services
PRNewswire (January 28, 2003
)
NEW YORK, Jan. 28 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (BULLETIN BOARD: GBEL) , one of the leading providers of integrated real estate services, today announced it was the honored recipient of the Site Selection/William Dorsey Service Provider Award for the second consecutive year. The Dorsey Award is given in recognition of exceptional contribution to client services and industr
- Nathaniel Energy Corporation Signs Deal With Oklahoma Industrial Park Authority to Enable Build-Out of $50 Million Renewable Energy Facility
PRNewswire (January 28, 2003
)
CASTLE ROCK, Colo., Jan. 28 /PRNewswire-FirstCall/ -- Nathaniel Energy Corporation (OTC Pink Sheets: NECX) announced today that it has signed an agreement with The Cimarron Industrial Park Authority located in Keyes, Oklahoma, acquiring a complex on 190 acres to build a $50 million renewable energy facility.
- New Home Sales Rose 3.5 Percent in Dec
Reuters (January 28, 2003
)
WASHINGTON (Reuters) - Sales of new, single-family U.S. homes surged a more-than-expected 3.5 percent to a fresh record in December, the government said on Tuesday, as low interest rates continued to entice home buyers.
- Taubman CEO Share Deals Ended
Reuters (January 28, 2003
)
NEW YORK (Reuters) - Mall owner Taubman Centers Inc. <TCO.N>, the target of a $1.74 billion hostile takeover offer, said earlier voting agreements that handed added control to Chairman and Chief Executive Robert Taubman were terminated, according to documents submitted to regulators on Tuesday.
- Healthcare Realty Trust Announces Fourth Quarter Dividend Increase; Company Reports Thirty-Eighth Consecutive Common Dividend Increase
PRNewswire (January 28, 2003
)
NASHVILLE, Tenn., Jan. 28 /PRNewswire-FirstCall/ -- Healthcare Realty Trust Incorporated today announced its thirty-eighth consecutive common stock dividend increase for the quarter ended December 31, 2002. This dividend, in the amount of $0.610 per share, represents an increase of $0.005 per share over the dividend paid for the quarter ended September 30, 2002. The dividend is payable on March
- Impac Mortgage Holdings, Inc. Announces 2002 Fourth Quarter Earnings and Year End Conference Call
PRNewswire (January 27, 2003
)
NEWPORT BEACH, Calif., Jan. 27 /PRNewswire-FirstCall/ -- Impac Mortgage Holdings, Inc. (the "Company"), a Maryland corporation, being taxed as a Real Estate Investment Trust ("REIT") announces the scheduling of a conference call and live web cast on Thursday, January 30, 2003 at 9:30 a.m. Pacific (12:30 p.m. Eastern). Mr. William S. Ashmore, President and COO of Impac Mortga
- Boca Resorts, Inc. To Release Quarterly Earnings On February 3 And Host Investor Conference Call On February 4 At 10:00 A.M.
PRNewswire (January 27, 2003
)
BOCA RATON, Fla., Jan. 27 /PRNewswire-FirstCall/ -- Boca Resorts, Inc. today announced that it will release its results of operations for the three and six months ended December 31, 2002 on February 3. The Company will host a conference call for investors the following morning at 10:00 a.m. eastern time. Company officials David S. Feder, President and Chief Operating Officer and Wayne Moor, Se
- Illinois Home Sales Set Record in 2002/December Sales Up 15% According To Illinois Association of REALTORS
PRNewswire (January 27, 2003
)
SPRINGFIELD, Ill., Jan. 27 /PRNewswire/ -- Despite stagnant economic growth, sales of existing single-family homes in Illinois set a new annual record in 2002, according to the Illinois Association of REALTORS. A total of 113,583 sales have been reported year-to-date in 2002, up 6.4 percent from 106,710 sales in 2001. The second highest annual sales volume on record since the association began c
- REsolve Technology Delivers Web-Based Financial Reporting System for the Microsoft .NET Platform
PRNewswire (January 27, 2003
)
BOSTON, Jan. 27 /PRNewswire/ -- REsolve Technology, a custom programming and financial consulting firm for the commercial real estate industry, announced today the immediate availability of REquest for the Microsoft .NET platform. REquest is an asset and portfolio data warehouse solution that provides web-enabled executive and financial reporting. The technology helps reduce time gathering, org
- National Association of Mold Professionals Offers Mold Inspection & Remediation Certification Courses
PRNewswire (January 27, 2003
)
WALLED LAKE, Mich., Jan. 27 /PRNewswire/ -- National Association of Mold Professionals (NAMP) announced today, it's offering comprehensive mold inspection and remediation certification classes throughout the year. The NAMP has decided to provide an extensive two-day certification program due to the increasing percentage of adverse health-related problems caused from mold exposure, and the shorta
- Used Home Sales Surge, Homeownership High
Reuters (January 27, 2003
)
WASHINGTON (Reuters) - Sales of existing U.S. homes surged 5.2 percent in December while sales for all of 2002 set a record, a trade group said on Monday, while the government said homeownership edged to a new high in separate reports highlighting housing's strength in an otherwise shaky economy.
- Merchants & Manufacturers Bancorporation Reports Fourth Quarter and Year-End Earnings Increase
PRNewswire (January 27, 2003
)
BROOKFIELD, Wis., Jan. 27 /PRNewswire-FirstCall/ -- Merchants & Manufacturers Bancorporation, Inc. ("Merchants") (BULLETIN BOARD: MMBI) today announced earnings for the quarter and the year ended December 31, 2002. Net income for the quarter ended December 31, 2002 was $1,745,000; an 11.7% increase compared to the $1,562,000 earned for the quarter ended December 31, 2001. Basic e
- Existing-Home Sales Rise 5.2 Percent
AP (January 27, 2003)
WASHINGTON (AP) - Home buyers took advantage of some of the lowest mortgage rates in decades and catapulted sales of previously owned homes in 2002 to the highest level on record.
- Homeownership Edges to New High
Reuters (January 27, 2003
)
WASHINGTON (Reuters) - U.S. homeownership rates edged up to a high in the fourth quarter of last year, the government announced on Monday, as low interest rates put homes within the reach of owners of lower income brackets.
- Webcast Alert: Jones Lang LaSalle Announces Year End and Fourth Quarter 2002 Earnings Webcast
PRNewswire (January 27, 2003
)
CHICAGO, Jan. 27 /PRNewswire-FirstCall/ -- Jones Lang LaSalle announces the following Webcast:
- PMC Capital, Inc. Announces 2002 Dividend Allocation
PRNewswire (January 24, 2003
)
DALLAS, Jan. 24 /PRNewswire-FirstCall/ -- PMC Capital, Inc. announced the characterization of dividends declared during 2002 for income tax reporting purposes. Dividends declared during 2002 are delineated as follows:
- FelCor Announces 30% Return of Capital on 2002 Common Stock Dividends
PRNewswire (January 24, 2003
)
IRVING, Texas, Jan. 24 /PRNewswire-FirstCall/ -- FelCor Lodging Trust Incorporated , the nation's second largest hotel real estate investment trust (REIT), today announced the final federal income tax status of its distributions for 2002, on FelCor's common and preferred shares as shown below.
- NVR Fourth Quarter Earnings Per Share Up 20 Percent
PRNewswire (January 24, 2003
)
MCLEAN, Va., Jan. 24 /PRNewswire-FirstCall/ -- NVR, Inc. , one of the nation's largest homebuilding and mortgage banking companies, today announced that diluted earnings per share for its fourth quarter ended December 31, 2002 increased 20% and net income increased 18% when compared to the 2001 fourth quarter. Net income for the 2002 quarter was $78,947,000, $8.91 per diluted share, compared to
- Countrywide Commitment to Rebuilding Together Surpasses $1 Million
PRNewswire (January 24, 2003
)
SAN DIEGO, Jan. 24 /PRNewswire-FirstCall/ -- Countrywide Financial Corporation , through its family of diverse financial services companies, announced that it will increase their annual contribution to Rebuilding Together by 40 percent, to $280,000, in 2003. This is Countrywide's seventh year as a major national corporate partner of the nation's largest volunteer organization preserving and revi
- Archstone-Smith Announces Income Tax Treatment of 2002 Dividends
PRNewswire (January 24, 2003
)
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- Archstone-Smith today announced the income tax allocations of its 2002 dividend distributions on its common and preferred stock.
- Correctional Properties Trust Reports Ten Percent (10%) Annual FFO Growth Per Share
PRNewswire (January 24, 2003
)
PALM BEACH GARDENS, Fla., Jan. 24 /PRNewswire-FirstCall/ -- Correctional Properties Trust , a real estate investment trust (REIT), today announced funds from operations of $17.3 million, or $2.38 per diluted share, on revenue of $30.2 million for the twelve months ended December 31, 2002. Net income was $10,128,000 or $1.40 per diluted share for the year.
- Jameson Inns Announces Fourth Quarter Common Dividend
PRNewswire (January 23, 2003
)
ATLANTA, Jan. 23 /PRNewswire-FirstCall/ -- Jameson Inns, Inc. , today announced that its Board of Directors has declared the Company's regular quarterly cash dividend of $.05 per share on its common stock for the fourth quarter ended December 31, 2002. The dividend is payable on February 20, 2003, to shareholders of record as of February 4, 2003.
- Beazer Homes Announces Record First Fiscal Quarter EPS of $2.75, Up 11%
PRNewswire (January 23, 2003
)
ATLANTA, Jan. 23 /PRNewswire-FirstCall/ -- Beazer Homes USA, Inc. (www.beazer.com ) today announced results for the quarter ended December 31, 2002, the first quarter of its 2003 fiscal year. Highlights of the quarter, compared to the same quarter of the prior year, are as follows:
- Merry Land Properties, Inc. Reports Earnings
PRNewswire (January 23, 2003
)
AUGUSTA, Ga., Jan. 23 /PRNewswire-FirstCall/ -- For the full year of 2002, Merry Land Properties, Inc. reported funds from operations* of $2.3 million, or $0.90 per share, down from $3.0 million, or $1.21 per share in 2001. Net income, in which depreciation and other non-cash charges are deducted was $1.15 per share for the year, as compared to $0.66 last year. Both the decline in FFO and the i
- Associated Estates Realty Corporation Announces Details Regarding Quarterly Conference Call and Web Cast Slide Presentation
PRNewswire (January 23, 2003
)
CLEVELAND, Jan. 23 /PRNewswire-FirstCall/ -- Associated Estates Realty Corporation announced that the Company's fourth quarter 2002 earnings will be released on Thursday, February 13 before the market opens. The earnings release and supplemental fact sheet will be posted on www.aecrealty.com promptly following the news wire release. A conference call to discuss the results will be held February
- JDN Realty Corporation Announces Revised Taxable Allocations Of 2002 Common And Preferred Share Dividend Distributions
PRNewswire (January 23, 2003
)
ATLANTA, Jan. 23 /PRNewswire-FirstCall/ -- JDN Realty Corporation today announced the revised tax allocations of the 2002 dividend distributions on its common shares and on its 9-3/8% Series A Cumulative Redeemable Preferred shares.
- Mortgage Refinancings Dip in Week
Reuters (January 22, 2003
)
NEW YORK (Reuters) - The number of U.S. homeowners applying for loans to buy a home or refinance their mortgage loans dipped even as interest rates fell last week, an industry survey reported on Wednesday.
- Sears Announces Awards Program for Builders Enabling the American Dream
PRNewswire (January 22, 2003
)
LAS VEGAS, Jan. 22 /PRNewswire/ -- International Builders' Show -- Sears, Roebuck and Co. today announced the creation of the Sears American Dream-Maker Awards to recognize professional builders and contractors whose charitable efforts are turning the American dream of home ownership and maintenance into a reality.
- 95-Year-Old Plans Considered at WTC Site
AP (January 22, 2003)
NEW YORK (AP) - Decades before the World Trade Center was conceived, a revolutionary architect drew plans for a rocket-like skyscraper to be built on that very site. Now, a movement is growing to include his ideas in the redevelopment.
- RRHA and Developer Begin Restoration of W.W. Browne House, Icon of African-American History
PRNewswire (January 22, 2003
)
RICHMOND, Va., Jan. 22 /PRNewswire/ -- Richmond Redevelopment and Housing Authority (RRHA) and its developer Walker Row Partnership, Inc. have begun renovations to restore the historic W.W. Browne House, a building that testifies to the achievements of African-Americans and a significant structure in the Jackson Ward Historic Landmark District. Listed as one of the nation's most endangered Nation
- Flagstar Bancorp Announces 2003 Earnings Projections And Possible Redemption of REIT Preferred Securities
PRNewswire (January 22, 2003
)
TROY, Mich., Jan. 22 /PRNewswire-FirstCall/ -- Flagstar Bancorp, Inc. , the holding company for Flagstar Bank, FSB, held its Analyst/Investor Conference Call today to discuss the Company's 2003 fourth quarter and year-end earnings which were released to the public after the close of business on January 21, 2003. During that conference call, the Company announced (i) its earnings projection for 2
- The Town and Country Trust Announces Composition of 2002 Dividends
PRNewswire (January 22, 2003
)
BALTIMORE, Jan. 22 /PRNewswire-FirstCall/ -- The Town and Country Trust , announced today the Federal income tax characteristics of its 2002 distributions paid on its common shares as they will be reported on Form 1099-DIV. The classifications are as follows:
- Federal Home Loan Bank of Atlanta Awards $4.2 Million For Affordable Housing Projects in South Carolina
PRNewswire (January 22, 2003
)
ATLANTA, Jan. 22 /PRNewswire/ -- Seven South Carolina partnerships will receive more than $4 million in subsidies to create affordable housing for hundreds of low-and moderate-income families throughout the state, the Federal Home Loan Bank of Atlanta (FHLBA) announced today.
- Federal Home Loan Bank of Atlanta Awards $4.7 Million to Build Affordable Housing in North Carolina Communities
PRNewswire (January 22, 2003
)
ATLANTA, Jan. 22 /PRNewswire/ -- Hundreds of very low- to moderate-income residents in North Carolina will soon have more affordable housing options thanks in part to the efforts of several local community partnerships that have received $4.7 million in grants and subsidized loans from the Federal Home Loan Bank of Atlanta (FHLBA).
- Universal Studios Selling Real Estate
AP (January 22, 2003)
UNIVERSAL CITY, Calif. (AP) - Universal Studios is putting some of its real estate on the block as the company continues to cut costs in anticipation of a possible sale.
- Court Tosses Claim on Taubman Control
Reuters (January 22, 2003
)
NEW YORK (Reuters) - A federal court in Michigan on Wednesday threw out a claim by No. 1 U.S. mall owner Simon Property Group Inc. <SPG.N> that members of the Taubman family illegally gained control of Taubman Centers Inc. <TCO.N> as part of a 1998 restructuring.
- Consolidated-Tomoka Land Co. Declares First Quarter Dividend
PRNewswire (January 22, 2003
)
DAYTONA BEACH, Fla., Jan. 22 /PRNewswire-FirstCall/ -- At its regular Board of Directors meeting on January 22, 2003, Consolidated-Tomoka Land Co. declared a dividend of $.05 per share payable on February 25, 2003, to shareholders of record on February 4, 2003.
- Dress for Success(R) Nashville Hosts Homebuyers Club
PRNewswire (January 22, 2003
)
NASHVILLE, Tenn., Jan. 22 /PRNewswire/ -- Dress for Success(R) Nashville today announced a new collaboration with Woodbine Community Organization designed to assist its clients in obtaining a piece of the American Dream -- owning a home.
- Firm Pulls Design for World Trade Center
AP (January 22, 2003)
NEW YORK (AP) - The architecture firm that is designing a new 7 World Trade Center has withdrawn its proposal for redeveloping the main trade center site.
- Grubb & Ellis Launches Global Services Platform
PRNewswire (January 21, 2003
)
NEW YORK, Jan. 21 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (BULLETIN BOARD: GBEL) , one of the leading providers of integrated real estate services, announced today that it has created a formal Global Services Group to oversee the delivery of its expanding global platform of integrated real estate services to clients all over the United States. The new group will coordinate the deliv
- Federal Home Loan Bank of Atlanta Awards More Than $500,000 to Virginia Communities for Affordable Housing Projects
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire/ -- Four local community partnerships in Virginia will receive $509,500 in grants to create affordable housing for 233 low- and moderate-income families throughout the state, the Federal Home Loan Bank of Atlanta (FHLBA) announced today.
- D.R. Horton, Inc. Declares Quarterly Cash Dividend, a 75% Increase
PRNewswire (January 21, 2003
)
ARLINGTON, Texas, Jan. 21 /PRNewswire-FirstCall/ -- D.R. Horton, Inc. Tuesday (January 21, 2003), announced that it has declared a cash dividend of seven cents ($0.07) per share, which adjusted for the three-for- two stock split of April 2002, is a 75% increase over the $0.06 per share quarterly cash dividend declared in the same quarter of last year. The current quarterly cash dividend is paya
- LendingTree Announces Conference Call for Fourth Quarter 2002 Financial Results
PRNewswire (January 21, 2003
)
CHARLOTTE, N.C., Jan. 21 /PRNewswire-FirstCall/ -- LendingTree, Inc. , the leading online lending exchange, will issue a news release announcing the company's financial results for the fourth quarter ended December 31, 2002 prior to the market opening on Monday, February 3, 2003 via PR Newswire. Doug Lebda, founder and CEO, will host a conference call to discuss fourth quarter results and update
- Colonial Properties Trust Increases Common Dividend
PRNewswire (January 21, 2003
)
BIRMINGHAM, Ala., Jan. 21 /PRNewswire-FirstCall/ -- Colonial Properties Trust , announced today its Board of Trustees has approved a dividend of $0.665 per common share, payable on February 07, 2003 to shareholders of record as of January 31, 2003, representing an ex-dividend date of January 29, 2003. This dividend represents an annualized dividend of $2.66 per share and is a $0.02 increase over
- M.D.C. Holdings Announces Fourth Quarter Dividend; Monthly Reporting of Home Orders Discontinued
PRNewswire (January 21, 2003
)
DENVER, Jan. 21 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. ( www.RichmondAmerican.com ) today announced that its board of directors has declared a dividend of eight cents ($.08) per share for the fourth quarter ended December 31, 2002. The dividend is payable on February 21, 2003 to shareowners of record on February 6, 2003.
- Signature Horizons CEO, Ronald Potts, Featured on ´CEOcast´ Discussing Company´s Future Plans and Prospects
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire-FirstCall/ -- Signature Horizons, Inc. (BULLETIN BOARD: LUMI) announced today that CEO, Ronald Potts, was interviewed by CEOcast on Friday, January 17, 2003. Mr. Potts discussed the Company's business plan and future prospects. The interview can be heard at http://www.CEOcast.com .
- D.C. Community Developers Receive Affordable Housing Grants From Federal Home Loan Bank of Atlanta
PRNewswire (January 21, 2003
)
WASHINGTON, Jan. 21 /PRNewswire/ -- Two local community groups will use $158,000 in grants from the Federal Home Loan Bank of Atlanta (FHLBA) to build homes and provide down payment assistance to 26 low-income families in the district.
- Colonial Properties Trust Reports Fourth Quarter 2002 Earnings
PRNewswire (January 21, 2003
)
BIRMINGHAM, Ala., Jan. 21 /PRNewswire-FirstCall/ -- Colonial Properties Trust (the "Company") today reported earnings per fully diluted share (EPS) of $0.48; for the same period in 2001, EPS was $0.83. For the full year, EPS was $2.58 in 2002 as compared to $2.02 for 2001, an increase of 28 percent.
- Taubman Tells Simon Again, 'Not for Sale'
Reuters (January 21, 2003
)
NEW YORK (Reuters) - Upscale mall owner Taubman Centers Inc. <TCO.N> on Tuesday spurned a sweetened takeover offer from hostile suitors Simon Property Group <SPG.N> and Westfield America Trust <WFA.AX>, leaving the deal's fate to shareholder pressure and a Michigan court.
- AvalonBay Communities Announces Fourth Quarter and Full Year 2002 Operating Results
PRNewswire (January 21, 2003
)
ALEXANDRIA, Va., Jan. 21 /PRNewswire-FirstCall/ -- AvalonBay Communities, Inc. reported today its fourth quarter and full year 2002 operating results.
- NewHomeNetwork.com Converts to State-of-the-Art Platform, Improves Integration On Local Newspaper Sites
PRNewswire (January 21, 2003
)
CHICAGO, Jan. 21 /PRNewswire/ -- NewHomeNetwork.com, a leading consumer source of comprehensive new home construction listings, today announced the conversion of its award-winning Web site to the new HomeScape ASP v6.0 platform. The conversion also marks the complete integration of NewHomeNetwork.com (NHN) content directly into the online real estate sites of top U.S. daily newspapers.
- JDN Realty Corporation Announces Taxable Allocations Of 2002 Common and Preferred Share Dividend Distributions
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire-FirstCall/ -- JDN Realty Corporation today announced the tax allocations of the 2002 dividend distributions on its common shares and on its 9-3/8% Series A Cumulative Redeemable Preferred shares.
- Federal Home Loan Bank of Atlanta Awards $558,500 in Grants to Maryland Communities for Affordable Housing
PRNewswire (January 21, 2003
)
ATLANTA, Jan. 21 /PRNewswire/ -- Four Maryland partnerships will receive $558,500 in grants to create affordable housing for more than 100 low- and moderate-income families throughout the state, the Federal Home Loan Bank of Atlanta (FHLBA) announced today.
- Washington, D.C. Named No. 1 City in World; Moves from Number Three in Previous Year
PRNewswire (January 20, 2003
)
WASHINGTON, Jan. 20 /PRNewswire/ -- Foreign investors, who spent more than $242 million buying real estate last year, selected Washington, D.C. as the top city in the world for their investment dollars according to the results of a survey taken among members of the Association of Foreign Investors in Real Estate (AFIRE). Other cities burning holes in foreign investors' wallets include London in s
- Silicon Valley Salaries, Rents Drop
AP (January 20, 2003)
SAN FRANCISCO (AP) - The average salary in Silicon Valley dropped 6 percent from early 2001 to mid-2002, and the nation's technology hub lost 9 percent of its jobs in the same period, a new study estimates.
- Hovnanian Enterprises to Present at Salomon Smith Barney High Yield and Leveraged Finance Conference
PRNewswire (January 20, 2003
)
RED BANK, N.J., Jan. 20 /PRNewswire-FirstCall/ -- Hovnanian Enterprises, Inc. , a leading national homebuilder, announced that senior management of Hovnanian Enterprises will make a presentation on the Company on Tuesday, January 21, 2003, at the Salomon Smith Barney High Yield and Leveraged Finance Conference. The slides of the presentation can be accessed through the Investors page of the Hovn
- Washington, D.C. Named No. 1 City in World; Moves from Number Three in Previous Year
PRNewswire (January 20, 2003
)
WASHINGTON, Jan. 20 /PRNewswire/ -- Foreign investors, who spent more than $242 million buying real estate last year, selected Washington, D.C. as the top city in the world for their investment dollars according to the results of a survey taken among members of the Association of Foreign Investors in Real Estate (AFIRE). Other cities burning holes in foreign investors' wallets include London in s
- Standard Pacific Corp. Selected by Forbes Magazine as one of America´s Best Big Companies
PRNewswire (January 20, 2003
)
IRVINE, Calif., Jan. 20 /PRNewswire-FirstCall/ -- Forbes Magazine for the third year in a row has selected Standard Pacific Corp. for its annual Platinum 400 list of public companies, designating it as one of "the best big companies in America."
- Down Payment Gift Group Chooses New Leaders, Targets Foreclosure Reduction and Buyer Education
PRNewswire (January 20, 2003
)
ATLANTA, Jan. 20 /PRNewswire/ -- The Homeownership Alliance of Nonprofit Downpayment Providers (HAND) selected new leadership and established a political action committee at its first annual meeting here Friday.
- Capital Automotive Fourth Quarter 2002 Earnings And Conference Call Scheduled for February 4, 2003
PRNewswire (January 20, 2003
)
MCLEAN, Va., Jan. 20 /PRNewswire-FirstCall/ -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate, announced today that it will release fourth quarter 2002 earnings before the market opens on Tuesday, February 4, 2003. Management will conduct a live audio webcast of its earnings conference call at 11:00 a.m. Eastern Time that same day to re
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